The Original Notes Sample Clauses
The Original Notes. No event has occurred and no condition exists that, upon the issuance of the Original Notes and the execution and delivery of this Agreement, would constitute a Default or an Event of Default.
The Original Notes. National Auto/Truckstops, Inc., a Delaware corporation ("National"), is a wholly-owned Subsidiary of the Company. In order to provide the financing for the acquisition of a truckstop network (the "National Network"), National issued $65,000,000 aggregate principal amount of its 8.76% Senior Secured Notes due 2002 (the "National Notes"). In order to provide the financing for the acquisition of another truckstop network (the "TA Network" and, together with the National Network, the "Network"), TA Operating Corporation, a Delaware corporation ("TA"), which is a wholly-owned Subsidiary of the Company, issued $25,000,000 aggregate principal amount of its Senior Secured Notes due 2002 (the "TA Notes" and, together with the National Notes, the "Original Notes").
The Original Notes. (a) Subject to the terms and conditions of this Agreement, the Issuer agrees that it shall issue and sell to the Original Purchasers, and the Original Purchasers, acting severally and not jointly, agree that they shall subscribe for and purchase the Original Notes in Sterling from the Issuer on the Purchase Date for the Original Notes.
(b) Each Original Purchaser’s Original Notes shall be issued by the Issuer and purchased by such Original Purchaser in Sterling only in a single Note equal to the principal amount represented by such Original Purchaser’s Commitment.
(c) Notwithstanding anything to the contrary in this Agreement, each of the Issuer and Peel ▇▇▇▇ agree that the terms set out in the Peel ▇▇▇▇ Side Letter apply in respect of Peel ▇▇▇▇ LLP’s purchase of the Original Notes.
The Original Notes. National Auto/Truckstops, Inc., a Delaware corporation ("NATIONAL"), is a wholly-owned Subsidiary of the Company. In order to provide the financing for the ac quisition of a truckstop network (the "NATIONAL NETWORK"), Na tional issued $65,000,000 aggregate principal amount of its 8.76% Senior Secured Notes due 2002 (the "NATIONAL NOTES") pursuant to the several Senior Note Purchase Agreements dated as of April 13, 1993, as heretofore amended (as so amended, the "NATIONAL PURCHASE AGREEMENTS"), between National and the Company and the in stitutional investors named in Schedule I thereto. TA Operating Corporation, a Delaware corporation ("TA"), is a wholly-owned Subsidiary of TA Holdings Corporation, a Delaware corporation ("TA HOLDINGS"), which is a wholly-owned Subsidiary of the Company. In order to provide the financing for the acquisition of another truckstop network (the "TA NETWORK" and, together with the National Network, the "NETWORK"), TA issued $25,000,000 aggregate principal amount of its Senior Secured Notes due 2002 (the "TA NOTES" and, together with the National Notes, the "ORIGINAL NOTES") pursuant to the several Senior Note Purchase Agreements dated as of December 9, 1993, as heretofore amended (as so amended, the "TA PURCHASE AGREEMENTS" and, together with the National Purchase Agreements, the "PURCHASE AGREEMENTS"), between TA and TA Holdings and the institutional investors named in Schedule I thereto. As of the date of this Agreement, $65,000,000 aggregate principal amount of the National Notes and $25,000,000 aggregate principal amount of the TA Notes are outstanding.
The Original Notes. AND THE RECAPITALIZATION; EXCHANGE OF NOTES; REPRESENTATIONS OF NOTEHOLDER.
The Original Notes